Integrated Personnel Services Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,024,000 (47%) | — | ₹604 Cr |
| Retail | — | 1,026,000 (48%) | — | ₹605 Cr |
| Market Maker | — | 110,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 2,160,000 (100%) | — | ₹12,744 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,652,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,906,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 16,930 | 13,864 | 16,992 |
| Profit After Tax | 311 | 191 | 401 |
| Net Worth | 1,126 | 1,316 | 1,717 |
| Total Assets | 4,547 | 4,670 | 5,303 |
| Reserves & Surplus | 621 | 812 | 1,213 |
| Total Borrowing | 2,387 | 2,487 | 2,845 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet the working capital requirements – 8.40
- 2 General Corporate Purposes – 2.22
- 3 Issue Expenses – 2.12
Company Overview
Incorporated in 2004, Integrated Personnel Services (IPS Group) is an end to end human resource management company providing customized solutions to various corporates in India.
The company's range of services has been divided under the following business heads:
1. Raising (Executive Search, Recruitment process and IT Staffing)
2. Leasing (Flexi Staffing, Staffing for Infrastructure Domain, Sales Staffing Services)
3. Management (Payroll & Compliance Management, Training & Development of resources/ performance management/ HR policy implementation)
IPS Group has over 11 branch offices for sourcing and recruitment in 128 cities with more than 6,000 Associates deployed on March 31, 2022. The company's branch offices are across major cities in India, including Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Ahmedabad, Noida, Bhopal and Pune among others.
Strengths:
- Diversified client base.
- Scalable business model with Pan-India presence.
- Quality Assurance and Customer Satisfaction.
- Experienced management supported by quality human capital.
- Deliver impeccable HR solutions along with optimal costing.